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house democrat -- still operating under the 112th congress, the last congress. the new one won't be sworn in until later this week. republicans have a healthy majority, even if there is significant number of democrats who vote for this, you know, they're going to need many republicans to cross over. and so what they're doing now with the democrats is that joe biden's trying to convince his own members not to break off because there are a lot of liberals who simply don't like this either and say they don't like the idea, for example, of keeping tax cuts in place for americans and households making up $450,000. they think that's simply too high. >> we'll be watching closely. obviously going to come back to you as the developments warrant. a lot is taking place behind the scenes. of course in front of the cameras as well as they play out their own version trying to come up with something to avert the fiscal cliff. the senate did make a decision, came up with a plan but of course the house has to come up with its own plan and somehow these two sides have to get toge
house democrat -- still operating under the 112th congress, the last congress. the new one won't be sworn in until later this week. republicans have a healthy majority, even if there is significant number of democrats who vote for this, you know, they're going to need many republicans to cross over. and so what they're doing now with the democrats is that joe biden's trying to convince his own members not to break off because there are a lot of liberals who simply don't like this either and say...
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come together to act on behalf of the american people. today is january 1st. taxes will be going up on everybody in america. in america if we don't act. those relying on unemployment insurance, millions relying on unemployment insurance to make sure they can support themselves and their families. if we don't act, we will be at risk. vice president biden has worked very hard to come to a compromise. by definition a compromise has elements in it that each party does not like, but by definition it has things in it each party should like of the the speaker said that if the senate passed a bill he would put it on the floor for a vote. the leader has pointed out we expect that to happen. we think that's in the best interest of the american people. we hope that our colleagues on the other side of the aisle can reach compromise. our members are reviewing the specifics of the compromise that has been reaped to determine whether they can support that compromise. i am hopeful that this congress will as one of its last act, not only on this compromis
come together to act on behalf of the american people. today is january 1st. taxes will be going up on everybody in america. in america if we don't act. those relying on unemployment insurance, millions relying on unemployment insurance to make sure they can support themselves and their families. if we don't act, we will be at risk. vice president biden has worked very hard to come to a compromise. by definition a compromise has elements in it that each party does not like, but by definition it...
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we put our bill together, mr. fitzpatrick put his bill together. we both introduced bills yesterday. and i'm very happy to be a part of this bill, as every member of congress is happy to be for this bill because after all this has nothing to do with the conversation. this is a cynical effort on the part of the president. and i believe nothing more cynical than the fact that the current agreement with the fiscal cliff was agreed to, we are told, somewhere around 11:30 last night. the bill was voted on at 2:00 in the morning. again, this is new year's eve. i don't know how many senators between midnight and 2:00 a.m. in the morning had a chance to thoroughly read this agreement, it's 157 pages long. you see this is not how we should run our government. this is drama. unnecessary drama. and president obama bears the responsibility for his failure to lead and his intentional effort, it appeared, to mislead the american republic -- public with this cynical bill. that's why we are here this morning, to clarify the president's action. this was not at our
we put our bill together, mr. fitzpatrick put his bill together. we both introduced bills yesterday. and i'm very happy to be a part of this bill, as every member of congress is happy to be for this bill because after all this has nothing to do with the conversation. this is a cynical effort on the part of the president. and i believe nothing more cynical than the fact that the current agreement with the fiscal cliff was agreed to, we are told, somewhere around 11:30 last night. the bill was...
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there is nothing new added to the equation it's just when wil the congress get it's act together. and our belief is if they don't pass something tomorrow they will early in the new year. >> you have been predicting thsw year. barring anymore drama for the fiscal cliff what is going to drive stocks higher. >> most global economies willhat quarter by 2 2012 and much of 23 will be a recovery year. also in the u.s. we are looking for 2-point 2% growth and expanding in 2014. and in an in an earnings perspee we saw the trough early this year and going into 2013 see a nine and a half percent increase in u.s. earnings for the s & p 500. >> that is encouraging becausetl up when they all come out for the fourth quarter you are expecting them to be up to 3 and a half percent so nine and a half percent is a big jump. i can see why you are optimistic on stocks. let's go over the sectors that you think could go well. you have selected three areas. consumer discretionary stocks and consumer and healthcare. tell us why. >> to continue with the story . we argeneral wehave a three andt discount. in
there is nothing new added to the equation it's just when wil the congress get it's act together. and our belief is if they don't pass something tomorrow they will early in the new year. >> you have been predicting thsw year. barring anymore drama for the fiscal cliff what is going to drive stocks higher. >> most global economies willhat quarter by 2 2012 and much of 23 will be a recovery year. also in the u.s. we are looking for 2-point 2% growth and expanding in 2014. and in an in...
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that will weaken him for the 113th congress. host: on that point, here is the american majority action, the conservative group, who wrote this ahead of the senate vote this morning -- caller: there is a lot of validity in that. the $1 million -- that was a pipe dream. it was a test vote. everybody in washington understands that. the american people do not understand a lot of that. that is unfortunate. thank god for shows like you guys do, and the valley -- and a valuable message and education you provide. that was a general test vote. it was a pipe dream. at the end of the day, mr. boehner and newt gingrich has been very public about this -- sure, it is not a great glorious, right-wing wind, but anybody worth their accounts -- their pounds and if, if you're making over $400,000 in a household, that is a win for republican families and people that make tons of money. i am sympathetic to boehner's position. he will not like it. tom price of georgia has said he will not run. i have not talked to his chief of staff lightly, but i su
that will weaken him for the 113th congress. host: on that point, here is the american majority action, the conservative group, who wrote this ahead of the senate vote this morning -- caller: there is a lot of validity in that. the $1 million -- that was a pipe dream. it was a test vote. everybody in washington understands that. the american people do not understand a lot of that. that is unfortunate. thank god for shows like you guys do, and the valley -- and a valuable message and education...
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there is nothing new added to the ' equation it's just when will the congress get it's act together. and our belief is if they don't pass something tomorrow they will early in the new year. >> you have been predicting thea &s & p will be up 10% in the new year. barring anymore drama for the fiscal cliff what is going to drive stocks higher. >> most global economies willhave recorded their weakest quarter by 20 2012 and much of 2013 will be a recovery year. also in the u.s. we are looking for 2-point 2% growth and expanding in 2014. and in ant in an earnings perspective we saw the trough early this year and going into 2013 see a nine and a half percent increase in u.s. earnings for the s & p 500. >> that is encouraging becausethe earning you tally them all up when they all come out for the fourth quarter you are expecting them to be up to 3 and a half percent so nine and a half percent is a big jump. i can see why you are optimistic on stocks. let's go over the sectors that you think could go well. you have selected three areas. consumer discretionary stocks and consumer and healthcar
there is nothing new added to the ' equation it's just when will the congress get it's act together. and our belief is if they don't pass something tomorrow they will early in the new year. >> you have been predicting thea &s & p will be up 10% in the new year. barring anymore drama for the fiscal cliff what is going to drive stocks higher. >> most global economies willhave recorded their weakest quarter by 20 2012 and much of 2013 will be a recovery year. also in the u.s....
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liason of congress. he has been here working on all kinds of issues, he has a lot invested in this too. there will be people who most folks will never know their names, the key staffers who work very close well these leader who's have done most of the heavy lifting to get to a deal. mitch mcconnell, up for re-election in his home state in 204 1 4 and has that to consider as he goes forward as you think about the pressure on republicans to raise taxes in this deal. they are going to acknowledge doing that. that can be difficult, as well as will they be able to achieve enough spending cuts. there is a political issue for mitch mcconnell personally as well as trying to lead republicans. the president will have made an achievement here. he did not get the $250,000 threshold, he was able to show he could give on that and bring in additional new taxes which is something he campaigned on for a very long time. as the assessments are done over the next few days, there will be the "winners and losers." much has to
liason of congress. he has been here working on all kinds of issues, he has a lot invested in this too. there will be people who most folks will never know their names, the key staffers who work very close well these leader who's have done most of the heavy lifting to get to a deal. mitch mcconnell, up for re-election in his home state in 204 1 4 and has that to consider as he goes forward as you think about the pressure on republicans to raise taxes in this deal. they are going to acknowledge...
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nothing like bringing in the new year with a good old fiscal cliff get it together congress. henry is on our independent line, henry, good afternoon, this is c-span and you're on. caller: good afternoon. i'm an independent and i wanted to comment that i guess the democrats have to be cause shouse that the republicans don't wake up and take the position they have in a catch 22 position. they can give him everything he asked for and if he's successful in his programs and his plans, we are the republican party and the house gave you ever dollar you asked for, everything worked out fine and turn around to the american public and say it was us, the republicans that did this. if it doesn't work out they can turn around and say, well, we gave you everything you asked for and it didn't work. it time for us to take over. just a word of caution to the democrats. >> connie in south carolina. good afternoon. caller: happy new year. i was calling about that speech actually. the house did pass a bill in august and it seems like the house democrats are talking like, you know, no bill was pa
nothing like bringing in the new year with a good old fiscal cliff get it together congress. henry is on our independent line, henry, good afternoon, this is c-span and you're on. caller: good afternoon. i'm an independent and i wanted to comment that i guess the democrats have to be cause shouse that the republicans don't wake up and take the position they have in a catch 22 position. they can give him everything he asked for and if he's successful in his programs and his plans, we are the...
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from the extremes and bringing more centrists who can work together. could give you a long speech about that when you combine those two things, you don't get a great work product. adam: congressman jason altmire, you mentioned harmonic convergence that happens in south florida. you're going to blue cross-blue shield up in tallahassee. you won't get that there. all the best to you, sir. congratulations on your service in congress. wish awe happy new year. >> happy new year, thank you. adam: so we'll get the republican take from senator john barrasso just a lit later in the program. he is kook discussing right now with other members of the republican caucus in the senate. they're talking about all of this. viously the final physical cliff deal affects everybody, every aspect of our money, the markets, the economy. some say no matter what the damage has been done. we have money panel with wisdom to heelp us get through all of this. scott martin, is also a spewed baker fan. kill holme, and stephen hayes, writer at weekly standard and fox news contributor.
from the extremes and bringing more centrists who can work together. could give you a long speech about that when you combine those two things, you don't get a great work product. adam: congressman jason altmire, you mentioned harmonic convergence that happens in south florida. you're going to blue cross-blue shield up in tallahassee. you won't get that there. all the best to you, sir. congratulations on your service in congress. wish awe happy new year. >> happy new year, thank you....
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testimony, if congress accepts this deal, being put together tonight, congress could claw back up the cliff. >> just hours before midnight deadline, president obama gathered supporters to announce a deal was within site. >> our immediate priority is middle class families starting tomorrow. i think that is a modest goal that we can accomplish. >> the vice president and senate republican leader leading negotiations, but phone shall deal is expected to increase estate tax from 35ses today 40%. extend unemployment benefits, and bring back higher clinton era tax rates on households making more than $450,000 a year, that $450,000 fresh hold is a major concession. tom harkin threatened to pull support. >> the deal must be one that favors the middle class and he cautioned rinz against taking a spending cuts only approach. >> if they think that is going to be the formula they've got another thing coming. >> some quickly condemned the comments. >> it's dismissive and insulting. >> that is not the way presidents should lead. >> for republicans in congress who said they'd never raise taxes on any
testimony, if congress accepts this deal, being put together tonight, congress could claw back up the cliff. >> just hours before midnight deadline, president obama gathered supporters to announce a deal was within site. >> our immediate priority is middle class families starting tomorrow. i think that is a modest goal that we can accomplish. >> the vice president and senate republican leader leading negotiations, but phone shall deal is expected to increase estate tax from...
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victory laps that we have to live through all the time after these kind of little bogus deals are cobbled together last year. go through this drama two or three months down the road. it's all self-serving and all ridiculous. >> juliet: that's why polls show americans have a horrible opinion of the way congress is. >> they really should have a horrible opinion of the way congress acts. the real fiscal cliff beneath our feet is the $16 trillion in debt that's going to continue to go higher and higher and the lost opportunities. this country is nowhere near living up to its greatness that we possess. nowhere near it. >> steve: let's see. we're just starting a new year. we can be optimistic burks -- but relickicly? >> it could have been worse. >> juliet: thank you, charles. happy new year. >> brian: that could be the cover of anthony robins you -- new book. >> juliet: still ahead, have you made a new year's resolution, chances are you did. father john shows us how faith can help you keep it. >> steve: how about dinner and drinks wednesday night with the girls? forget it. we'll tell you who is pulling
victory laps that we have to live through all the time after these kind of little bogus deals are cobbled together last year. go through this drama two or three months down the road. it's all self-serving and all ridiculous. >> juliet: that's why polls show americans have a horrible opinion of the way congress is. >> they really should have a horrible opinion of the way congress acts. the real fiscal cliff beneath our feet is the $16 trillion in debt that's going to continue to go...
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>> i'm looking forward to congress getting their act together and doing good work. >> first of all, that's hilarious, okay. >> wouldn't we love that? i'm looking forward to a happy, healthy new year i think for hopefully my family and everyone watching. >> yes, and we've been having a very heated disagreement coming into what's cold. i think it was freezing out last night and this morning, and you obviously have extraordinary powers. >> i think it was actually really nice. maybe it's my comedy armor that i use not to deal with people. it was fine last night, and today's a good day here in new york. >> and let me ask you about comedy itself. we had brian balthazar on earlier, talking about some of the broadcomdays coming out. is comedy basically always the same or will we see more things in 2013? >> i think it evolves. i think the sensibilities of audiences in america's evolving. the old sitcoms, think about the '80s sitcoms to today, it's become much more single camera, a more driven nuance, so i think comedy is growing for best and political comedy, last year was a pretty good year. >> a
>> i'm looking forward to congress getting their act together and doing good work. >> first of all, that's hilarious, okay. >> wouldn't we love that? i'm looking forward to a happy, healthy new year i think for hopefully my family and everyone watching. >> yes, and we've been having a very heated disagreement coming into what's cold. i think it was freezing out last night and this morning, and you obviously have extraordinary powers. >> i think it was actually...
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i did not predict you and i would be spending our new year together, but it is my pleasure after all these years of friendship and fellowship with you. however, not a whole bunch of americans will be toasting congress at midnight, even if lawmakers do strike a deal to avoid the fiscal cliff. we'll hear from some of them when we come back. stay with us. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ >>> all right, this holiday season, m
i did not predict you and i would be spending our new year together, but it is my pleasure after all these years of friendship and fellowship with you. however, not a whole bunch of americans will be toasting congress at midnight, even if lawmakers do strike a deal to avoid the fiscal cliff. we'll hear from some of them when we come back. stay with us. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my...
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an unwillingness to come together to act on behalf of the american people. today is january 1st. taxes will be going up on everybody in america if we don't act. those who are relying on unemployment insurance, millions of americans relying on unemployment insurance to make sure they can support themselves and families, if we don't act will be at risk. vice president biden has worked very hard to come to a compromise. by definition, a compromise has elements in it that each party does not like. but by definition, it has things in it that each party should like. the speaker said that if the senate passed a bill he would put it on the floor for a vote. the leader has pointed out that we expect that to happen. we think that's the best interest of the american people. we hope that our colleagues on the other side of the aisle can reach compromise. our members are reviewing the specifics of the compromise that has been reached to determine whether they can support that compromise. i'm hopeful this congress will, as one of its last acts, act not only on this compromise, but i'm also ver
an unwillingness to come together to act on behalf of the american people. today is january 1st. taxes will be going up on everybody in america if we don't act. those who are relying on unemployment insurance, millions of americans relying on unemployment insurance to make sure they can support themselves and families, if we don't act will be at risk. vice president biden has worked very hard to come to a compromise. by definition, a compromise has elements in it that each party does not like....
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we're kind of an afterthought now. >> lawmakers came together tonight. some financial experts say the bigger issue is an out of control federal deficit. and that part of the deal still needs to be address the. >>> u.s. stock prices higher on this final day of the year. the dow industrials rose 156 points, the nasdaq was up 59. the markets had been flat all morning, but climbed after the president's remarks that a deal seemed close at hand. 2012 seemed to be a positive year for the markets overall. the dow was up 7%. s & s & p 500 15% and the nasdaq went up nearly 16% higher than when it started. >>> secretary of state hillary clinton is in the hospital treating a blood clot. doctors say she did not suffer a stroke and expect her to make a full recovery. however clots are potentially serious if not treated. they can lead to a hemorrhage inside the brain. it's believed this blood clot is related to the concussion secretary of state clinten suffered earlier this month. >>> the accident happened near the ma colome river bridge on highway 12 east of rio vista
we're kind of an afterthought now. >> lawmakers came together tonight. some financial experts say the bigger issue is an out of control federal deficit. and that part of the deal still needs to be address the. >>> u.s. stock prices higher on this final day of the year. the dow industrials rose 156 points, the nasdaq was up 59. the markets had been flat all morning, but climbed after the president's remarks that a deal seemed close at hand. 2012 seemed to be a positive year for...
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that requires an act of congress to raise it. so all of these things are going to come together in two months time and people are already now predicting a fight, if you can believe this, even bigger than the one we've just witnessed over the past several weeks, maura. >> and looking forward to what happens next, you mentioned the house and both speaker boehner and nancy pelosi said they would consider the plan, although nancy pelosi did not go as far as to endorse it. what can we expect in terms of the house as far as how we can receive this? >> i've got to tell you, the veteran congressional watcher, i am fascinated to see what the house is going to do. here's the argument republican leaders made in the senate and are likely to make in the house tomorrow. yes, this is a horrible bill for us. we're asking many of you to vote against fundamental, a very basic tenant of your political belief, your philosophy, and that is never to vote, to raise taxes in any way, shape or form although technically, we should -- >> i just want to cut
that requires an act of congress to raise it. so all of these things are going to come together in two months time and people are already now predicting a fight, if you can believe this, even bigger than the one we've just witnessed over the past several weeks, maura. >> and looking forward to what happens next, you mentioned the house and both speaker boehner and nancy pelosi said they would consider the plan, although nancy pelosi did not go as far as to endorse it. what can we expect...
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. >> he comes out and calls people together and has a group standing behind him, laughs and jokes and ridicules republicans, what is -- why? >> reporter: if a deal finalized, and if passes congress, two big ifs, it would extend tax cuts for all workers under $400,000, prevent a big tax hike on estates under $5 million and extend unemployment benefits set to expire tomorrow for some 2 million people. so, the scramble continues tonight. congressional leaders trying to get to a deal that would pass both the house and the senate sometime over the next 24 hours or so, david. >> jon, stick with us here. i want to show the viewers at home that beautiful red and white crystal ball prepared to come down in times square tonight, blue and green, it changes colors as we look at it. the bottom line is, when that ball drops tonight, every american's taxes going up? >> reporter: that is exactly right. they will go up as of midnight. they are going to try to come back and fix it, but as of midnight tonight, everybody's taxes go up. >> all right, jon karl on the watch there at the white house. jon, th
. >> he comes out and calls people together and has a group standing behind him, laughs and jokes and ridicules republicans, what is -- why? >> reporter: if a deal finalized, and if passes congress, two big ifs, it would extend tax cuts for all workers under $400,000, prevent a big tax hike on estates under $5 million and extend unemployment benefits set to expire tomorrow for some 2 million people. so, the scramble continues tonight. congressional leaders trying to get to a deal...
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to come together to solve problems on a bipartisan basis. we need to move forward. in the early mornings, the senate achieved that. should have been long ago, i understand ag, but we achieve this. i hope we can now approach this in a sober, honest, mature way. i took a look of the specific impact of this morning's vote on my state. 5 million families will be scared a tax increase, almost all of them the working families are described earlier. without an agreement, the average family would have faced an increase in taxes of more than $2,000. half a million families in my state will continue to receive college tuition tax credits, as much as $1,000 of assistance each year, which i am sure is a helping hand. families raising children will continue to benefit from the child tax credit, a yearly savings of about $1,000 on average. nearly a quarter of a million families benefited from the early in pumps -- from the earned income tax credit last year. thousands of illinois children will continue to have access to school readiness programs like head
to come together to solve problems on a bipartisan basis. we need to move forward. in the early mornings, the senate achieved that. should have been long ago, i understand ag, but we achieve this. i hope we can now approach this in a sober, honest, mature way. i took a look of the specific impact of this morning's vote on my state. 5 million families will be scared a tax increase, almost all of them the working families are described earlier. without an agreement, the average family would have...
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and so we may not be out of the woods yet in terms of how this fiscal cliff deal came together and in any event we still haven't seen congress take care of the spending components of what was parts of the fiscal cliff coming up in february. >> so it's possible what's going on right now will keep going. they'll kick it back and keep going and rolling? >> absolutely. we're looking at another situation where the agreement that was reached by the senate even if the house accepts it, kicking the can down the road is the old line which everyone -- no one seems to want but where we always are and where we are once again. >> and there's a frustration level with the people they are supposed to be representing. do you think they are aware of the frustration level the everyday person is dealing with and because this is taking so long? we've been getting e-mails and tweets saying they should have taken care of this already. that type of mentality from people. do you think they get it? >> well, they often haven't frankly in the past. we've seen situations where one of the things that causes congre
and so we may not be out of the woods yet in terms of how this fiscal cliff deal came together and in any event we still haven't seen congress take care of the spending components of what was parts of the fiscal cliff coming up in february. >> so it's possible what's going on right now will keep going. they'll kick it back and keep going and rolling? >> absolutely. we're looking at another situation where the agreement that was reached by the senate even if the house accepts it,...
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we're kind of an afterthought now. >> lawmakers came together tonight. some financial experts say the bigger issue is an out of control federal deficit. and that part of the deal still needs to be address the. >>> u.s. stock prices higher on this final day of the year. the dow industrials rose 156 points, the nasdaq was up 59. the markets had been flat all morning, but climbed after the president's remarks that a deal seemed close at hand. 2012 seemed to be a positive year for the markets overall. the dow was up 7%. s & s & p 500 15% and the nasdaq went up nearly 16% higher than when it started. >>> secretary of state hillary clinton is in the hospital treating a blood clot. doctors say she did not suffer a stroke and expect her to make a full recovery. however clots are potentially serious if not treated. they can lead to a hemorrhage inside the brain. it's believed this blood clot is related to the concussion secretary of state clinten suffered earlier this month. >>> the accident happened near the ma colome river bridge on highway 12 east of rio vista
we're kind of an afterthought now. >> lawmakers came together tonight. some financial experts say the bigger issue is an out of control federal deficit. and that part of the deal still needs to be address the. >>> u.s. stock prices higher on this final day of the year. the dow industrials rose 156 points, the nasdaq was up 59. the markets had been flat all morning, but climbed after the president's remarks that a deal seemed close at hand. 2012 seemed to be a positive year for...
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ohio's steve la tourette dismissed it as a, quote, package put together by a bunch of sleep-deprived october octogenenarians on new year's eve and the alabama representative said the house needs more time. >> the house must postpone this vote until congress and the american people have time to study and evaluate this extraordinarily complex legislation and its impact on taxes, revenue, the economy our debt and a myriad of other issues. >> woodruff: tennessee democrat steve cohen warned about the consequences of not taking the senate deal. >> my district can't afford to wait a few days and have the stock market go down 300 points tomorrow if we don't ghettoing and do something. >> woodruff: later house democratic leaders emerged from a nearly three-hour meeting with vice president biden who helped broker the senate deal. minority leader nancy pelosi called for action. >> we look forward now as we go forward in this day to see what the timing will be for a straight up-or-down vote on what passed 89-8 last night in the united states senate. >> woodruff: house republicans also met and ga
ohio's steve la tourette dismissed it as a, quote, package put together by a bunch of sleep-deprived october octogenenarians on new year's eve and the alabama representative said the house needs more time. >> the house must postpone this vote until congress and the american people have time to study and evaluate this extraordinarily complex legislation and its impact on taxes, revenue, the economy our debt and a myriad of other issues. >> woodruff: tennessee democrat steve cohen...
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WBAL
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. >> i feel it's quite disturbing that our elected officials cannot come together to make decisions in the best judgment of the people. >> the fact that congress can't do anything is a laughingstock anyway. nobody has any faith in them to begin with. >> reporter: what happens next? >> house republicans are huddled trying to figure out if they would have the votes if they made changes to add spending cuts. they will take a vote tonight on the measure the way the white house and the senate wrote it. more to come. >> as always. kelly o'donnell on capitol hill. our chief white house correspondent and political director chuck todd joins us now. chuck, there are some voices out there saying, good for the house republicans, they're standing on their principles. but a lot of voices are also saying, how much longer is this going to take? >> reporter: it may be a new year but old habits are dying hard with this congress. we're in the last throes of the typical theatrics that have been the norm in washington over the last couple of years. there's going to be a few more shenanigans before the nigh
. >> i feel it's quite disturbing that our elected officials cannot come together to make decisions in the best judgment of the people. >> the fact that congress can't do anything is a laughingstock anyway. nobody has any faith in them to begin with. >> reporter: what happens next? >> house republicans are huddled trying to figure out if they would have the votes if they made changes to add spending cuts. they will take a vote tonight on the measure the way the white...
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Jan 1, 2013
01/13
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at the last minute. >> as i mentioned in the intro, you're leaving the congress. you've been there a long time. you sent out an e-mail last week telling supporters you're going to continue to be active and when i saw that, the first thing i asked was whether you're planning on running for office again any time soon? >> well, you know, talk to my wife about that. the answer is that i don't have any immediate plans to run for office. i'll be making some announcements in the next couple days. rather than worrying about myself in the last couple months since i knew that i wouldn't be returning, i'm concerned about the country, so i've been focusing on the job that i have now and when the new congress is sworn in on thursday, then i'll start to focus on what my plans are for the new year. >> congressman kusinich, thanks so much. it's been a real pleasure covering you on capitol hill, your run for president and we wish you all the best. >> thank you, happy new year to you and all your viewers. thank you. >>> it wouldn't be a new year's eve celebration without anderson c
at the last minute. >> as i mentioned in the intro, you're leaving the congress. you've been there a long time. you sent out an e-mail last week telling supporters you're going to continue to be active and when i saw that, the first thing i asked was whether you're planning on running for office again any time soon? >> well, you know, talk to my wife about that. the answer is that i don't have any immediate plans to run for office. i'll be making some announcements in the next...
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Jan 1, 2013
01/13
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KRON
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. >> congress has about 24 hours to get itself together. that is worthy deadline can happen. if they do not have a deal >> there could be some havoc in place in terms of the market going up and down. i think that they are very close. with a lot of these tax provisions up. the fiscal cliff is about taxes and spending. but the big question is that what is the spending issue. if they do have an impact it should not be an impact on the economy. >> people are really losing faith? >> these people of that nearly two years to get this done. for all of the whining... i do not really think there's much sympathy from the american people. the fact of the matter is that there is not just the fiscal cliff but also there is a pending bill that is being held up by the house of republicans. to make sure that the price of milk does not double puriwith nearly $7-for $eight! and can they still with the spending cuts? right now, we are going to hear that it is just going to kick the can and down the road. everything including the spending cuts will be on the table. >>> the impression is that they
. >> congress has about 24 hours to get itself together. that is worthy deadline can happen. if they do not have a deal >> there could be some havoc in place in terms of the market going up and down. i think that they are very close. with a lot of these tax provisions up. the fiscal cliff is about taxes and spending. but the big question is that what is the spending issue. if they do have an impact it should not be an impact on the economy. >> people are really losing faith?...
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Jan 1, 2013
01/13
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MSNBCW
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congress have found a nominee who promised to rubber stamp this agenda if he gets the chance. we cannot give him that chance. >> what's up gangstas? it's the mi double tizzle. >> i like seeing the lakes. i love the lakes. i like cars. i like being able to fire people. i like grits. strange things are happening to me. i met a guy seven feet tall. i figured he had to be in sport but he wasn't in sports. ♪ for purple mountains majesty above the fruit plain ♪ >> corporations are people, my friend. >> guess what? i made a lot of money. i'm not concerned about the very poor. >> is this a category 5 crisis for the romney campaign? >> it depends whether they turn the campaign around or not. you have three presidential debates. >> what do pew want you want me romney? can't do that to himself. >> i accept your nomination for president of the united states! >> the first presidential debate now just a matter of hours away. i think it will be a great one. >> i like pbs, i call it big bird. i will call it the economy tax. it's been crushing. i have been in business 25 years. i have no i
congress have found a nominee who promised to rubber stamp this agenda if he gets the chance. we cannot give him that chance. >> what's up gangstas? it's the mi double tizzle. >> i like seeing the lakes. i love the lakes. i like cars. i like being able to fire people. i like grits. strange things are happening to me. i met a guy seven feet tall. i figured he had to be in sport but he wasn't in sports. ♪ for purple mountains majesty above the fruit plain ♪ >> corporations...
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Jan 1, 2013
01/13
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CNNW
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this congress unfortunately has been most known for an unwillingness to compromise. an unwillingness to come together to act on behalf of the american people. today is january 1st. taxes will be going up on everybody in america if we don't act. those who are relying on unemployment insurance, millions of americans relying on unemployment insurance to make sure they can support themselves and their families, if we don't act, we'll be at risk. vice president biden has worked very hard to come to a compromise. by definition, a compromise has elements in it that each party does not like. but by definition it has things in it that each party should like. the speaker said that if the senate passed a bill, he would put it on the floor for a vote. the leader pointed out we expect that to happen. we think that's the best interests of the american people. we hope that our colleagues on the other side of the aisle can reach compromise. our members are reviewing the specifics of the compromise that has been reached to determine whether they can support that compromise. i am hope
this congress unfortunately has been most known for an unwillingness to compromise. an unwillingness to come together to act on behalf of the american people. today is january 1st. taxes will be going up on everybody in america if we don't act. those who are relying on unemployment insurance, millions of americans relying on unemployment insurance to make sure they can support themselves and their families, if we don't act, we'll be at risk. vice president biden has worked very hard to come to...